Grantee/Partner News

VICTORY for Higher Ground Empowerment Center! BB&T Bank does the right thing.

January 27, 2012

Grantee News From Rebuild the Dream

Posted on January 17, 2012 by Ian

Hooray! During the MLK holiday weekend, more than 65,000 Rebuild the Dream members signed a petition to help save a community church in Dr. King’s old neighborhood from an unfair foreclosure and eviction by BB&T bank. And we did it!

3,772 pages of petition signatures were delivered to BB&T bank this morning at a successful, 3-hour negotiation between the church and the bank.

After an intense, 3-hour negotiation today between the church and the bank, BB&T backed down and agreed to a fair deal. This victory was a complete turnaround at the eleventh hour, led heroically by Occupy Atlanta and Rainbow PUSH Coalition. The sudden groundswell of media coverage, local community action, and Rebuild the Dream’s national petition forced BB&T’s hand.

This outcome shows: when we act together, we can stop big banks in their tracks and get them to treat people with dignity. The more banks have public re-negotiations like this, the bigger the momentum for millions of other struggling homeowners who are in the same boat. More>

 

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